Archer Receives Part 135 Air Carrier & Operator Certificate From FAA Allowing Co. To Begin Operating Commercial Airline
Portfolio Pulse from Benzinga Newsdesk
Archer Aviation has received a Part 135 Air Carrier and Operator Certificate from the FAA, allowing the company to begin operating as a commercial airline.
June 05, 2024 | 1:05 pm
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Archer Aviation has received a Part 135 Air Carrier and Operator Certificate from the FAA, enabling the company to start commercial airline operations. This regulatory approval is a significant milestone for Archer, potentially boosting investor confidence and stock price.
The FAA's Part 135 certification is crucial for Archer Aviation as it allows the company to legally operate as a commercial airline. This regulatory milestone is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100